My theory that hft traders are scum, proved and documented

Quote from stock777:

This is obvious and trite advice.

Sure, for a position trade, who give a shit about a nickle or dime on entry.

I'm talking about trying to scalp.

Here's an idea. Quit scalping and do more of a swing trade. A lot of former scalpers I know adjusted and are doing great swing trading. Either change your ways/find new strategies, or get crushed by computers who are much faster....ergo...better scalpers.

Whining and crying about it isnt going to help your P/L.
 
Quote from marketsurfer:

the Autobahn Suite is faster than money.

change or be changed.

Surf is that you? You are back huh? Damn......

Change or be changed...I like that.
 
Quote from stock777:

not to piss on your parade, but much of the liquidity is due to the penny quote. your memory fails to account for this, as an AAPL would have traded an 1/8 to 1/4 wide so sure, there was more net liq. on each side. Now, you think you're getting hosed when you have to swipe a dime lower.

Back when stocks traded in 1/8ths if you missed a bid you got filled an 1/8th lower. So if you think about it having slippage of 12 cents or so is really the same as things were before decimals. So is it really that bad?

If you really want to bitch about something bitch about going to decimals. I am sure 99% of this place will take your side of the argument. Going to decimals was a disaster.
 
lawmakers banned “spoofing,” in which market participants try to trick other computers into making decisions that can be exploited for profit.

dunno what exactly they "ban"...spoofing is alive and doing very well.
wanna change and quick fix? go back to where it was before this exchange\ECN's madness... shut down 30-40 ECN's,marketplaces,dark pools, etc and leave few,but very well regulated market centers. it will be more transparent, easier to control and regulate..idiots..
 
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